The tight range controls gold’s trading since morning, and remains stable around 1615.00, which makes us keep our positive expectations valid as it is without any change, waiting for targets starting at 1629.00.
Note that US market’s holiday interprets the reasons of the weakness of the current trading.
Expected trading range for today is between: 1590.00 support and 1645.00 resistance.
Expected trend for today: Bullish